Bloomberg: The Cisneros family is active in Venezuela in very low prices

In recent generations, the Cisneros family millionaires travel to Venezuela the Studebaker, Pepsi-Cola and the great alchemists. Now, the mayor’s transfer of his assets to the EEUU when Hugo Chávez impulsed his “socialist revolution”, a new generation of Cisneros is looking for active prices in the country to buy.

Eduardo Cisneros set up a private equity fund in the state of Florida, which has raised more than $ 200 million from investors, according to SEC documents before the Bloomberg Accounts. Dicho fondo, from number 3B1 Guacamaya Fund LP, used about 60 million dollars in re-education to buy Venezuelan companies, among them, a painting company, to accommodate various sources of knowledge of their operations.

Cisneros and his company Rodrigo Bitar are in a prime position to find a viable option for acquiring select assets at very low prices, and in a context where Nicolás Maduro is slowly adopting free market reforms to alleviate the crisis and consolidate the power.

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